Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
332.20
-0.80 (-0.24%)
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Tata Motors plans to triple its sales outlets in next three years: Report

Date: 18-08-2015

In order to boost its passenger vehicles sales, Tata Motors is reportedly planning to triple its sales outlets to nearly 1,500 in next three years. The company is also investing in a doorstep service in areas where outlets may not be viable. The company is undergoing a makeover after having steadily lost market share to rivals over the years.

Tata Motors is now the country’s 5th largest car maker, from the 3rd largest a decade ago. Further, the company has a relatively smaller presence in the semi-urban areas of the country when compared to rivals such as Mahindra & Mahindra and Maruti Suzuki.

Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.